- Unilever is to invest more than €150 million to reorganize its European home care business.
- VAT Group expects lower-than-expected quarterly revenues.
- Julius Bär could recoup €100 million from the sale of Signa.
- Imperial Brands sees full-year sales boosted by tobacco substitutes.
- Commerzbank accelerates its strategic planning ahead of a possible bid for UniCredit.
- Vodafone extends its partnership with Google.
- Coty celebrates its 120th anniversary.
- Holcim acquires US insulation systems supplier OX Engineered Products.
- Vistry lowers its profit outlook for 2024.
- Pepsico posted a dip in third-quarter sales, and trimmed its target for annual sales growth, blaming a cautious nibble from North American consumers and a Quaker Foods recall.
- Honeywell International is planning to uncap and pour its advanced materials business into a separate vessel.
- Berkshire Hathaway further reduces its stake in Bank of America to 10.1%.
- Tesla presents its robotaxi on Thursday.
- TechnipFMC wins an engineering contract for BP's Kaskida project in the Gulf of Mexico.
- Activist investor Mantle Ridge increases its stake in Air Products and plans to press for a change in management.
- Boeing and its main union are back at the negotiation hangar, aiming to land a deal that would see about 33,000 workers at the aircraft maker's West Coast plant clocking in again.
- Nvidia - Foxconn, the titan of tech assembly, is reportedly laying bricks for a new factory in Mexico to piece together Nvidia's GB200 ‘super chips’.
- Coca-Cola, Pepsico and General Mills are under scrutiny by two US congressmen over shrinkflation.
- Super Micro shares soared after announcing the quarterly delivery of 100,000 AI GPUs.
- Lockheed Martin and the Pentagon agree on the steps required to release payments withheld for the F-35 upgrade.
- Google will have to open up its application shop to the competition, the US courts have ordered.
- Pfizer and its German partner BioNTech jabbed a victory in court, as they saw off CureVac's claims in a patent skirmish over COVID-19 vaccines.
- Merck can breathe a sigh of relief as it sidesteps a trial for alleged anti-competitive shenanigans. Suspicions that it had played fast and loose with the efficacy of its mumps vaccine to dodge competition were quashed by a U.S. federal appeals court on Monday.
- Uber Technologies is gearing up to launch an AI assistant, courtesy of OpenAI's tech, to steer its drivers towards electric vehicles.
- Lyft is stepping on the gas when it comes to driver pay. The ride-hailing service announced a fare hike for drivers willing to venture further from their home base.
- Ares Management Corp announced plans to snap up the international operations of rival Glp Capital Partners (sans China) in a $3.7 billion dollar deal.
- Foxconn announces the construction of the world's largest manufacturing plant for Nvidia's GB200.
- Hyundai Motor prepares a $3.34 billion IPO for Hyundai Motor India.
- Samsung improves its results but struggles to keep pace with its rivals in AI chips and officially apologises for this.
- LG Energy Solution to supply batteries for electric vehicles to Mercedes-Benz’s North American subsidiary.
Global markets live: Unilever, Vodafone, Tesla, Boeing, Nvidia...
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